Idahope Families Inc

Analysis

Idahope Families Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Idahope Families Inc reported income of $162k and spending of $140k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $162k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Idahope Families Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within ID. Charities of a similar size with the same main cause include Special Needs Solutions ($162k), Imperial Valley Food Bank Foundation ($162k) and S a M Cac Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Other salaries and wages came to $79k. At year end it held assets of $45k against liabilities of $1,215, net assets of $44k. It reported 5 employees.